## **Registered Charity**
## **Number**
**1099581**
BRENT WOMEN ADVISORY RESOURCE CENTRE.
(BWARC)
## Report and Accounts
Financial Year Ended
31 March 2021.
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## **BRENT WOMEN ADVISORY RESOURCE CENTRE**
## **ORGANISATIONAL PROFILE For the year ended 31 March 2021.**
## **MANAGEMENT COMMITTEE:**
Chair Ms Zenash Haile Vice Chair Miss.Jim Nwachuku Treasurer Ms Stella Njaka
The Management Committee Members are the Trustees of the Charity
## **REGISTERED OFFICE:**
2 Burton Road London NW6 7LN
## **BANKERS:**
Halifax Plc 427 High Road Wembley Middlesex HA9 7AB
## **ACCOUNTANTS:**
Righttime Associates Limited Chartered Accountants, Tax & Business
Consultants
3[rd] Floor, 86-90 Paul Street London. EC2A 4NE.
2
## **BRENT WOMEN’S ADVISORY RESOURCE CENTRE**
## **Directors and Trustees’ Report For the year ended 31 March 2021.**
The Directors present their report and the financial statement for the year ended 31 March 2021.
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## **BRENT WOMEN ADVISORY RESOURCE CENTRE**
Registered Charity No. 1099581
## **Independent Examiner’s Report on the Financial Statements To the Trustees of Brent Women Advisory Centre**
I report on the accounts of Brent Women Advisory Centre For the year ended 31 March 2021 which are set out on pages 5 –9.
## **Respective Responsibilities of Trustee and Examiner**
As the charity trustees, you are responsible for the preparation of the accounts: you consider that the audit requirement under section 43 (2) of the Charities Act 1993 (The Act) does not apply. It is my responsibility to state on the basis of procedures specified in the general directions given by the Charity Commissioners under Section 43(2)(b) of the Act, whether particular matters have come to my attention.
## **Basis of Independent Examiner’s report**
My examination was carried out in accordance with the general directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
- 1) which gives me reasonable cause to believe that in any material respect the requirements
- a) to keep accounting records in accordance with section 41 of the Act,
to prepare accounts which accord with the accounting records and to
- b) comply with the accounting requirements of the Act have not been met:
- or
- 2) to which in my opinion, attention should be drawn to in order to enable a proper
understanding of the accounts to be reached.
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**Righttime Associates Limited Chartered Accountants, Tax & Business Consultants 3[rd] Floor, 86-90 Paul Street London. EC2A 4NE.**
## **BRENT WOMEN ADVISORY RESOURCE CENTRE**
Registered Charity No. 1099581
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021.**
|**Unrestricted**
**Notes Funds**
**£**
**£**
Resources Arising
Statutory Contribution
Non-statutory Contribution**5**85,553
95,433
Bank Interest
-
85,553
**95,433**
Direct Charitable Expenditure
Projects
5,250
15,130
5,250
15,130
Other Expenditure|**2021**
**Restricted**
**Total**
**Funds**
**Funds**
**£**
-
9,880
- -
9,880
9,880
9,880|
|---|---|
5
|Administration & Support|**7** 28,586||---|
|---|---|---|---|
|28,586
||||
|Resources Used in year|**33,836**||**9,880**|
|**43,716**||||
|**Resources Retained for further use 51,717**|||**---**|
|**51,717**||||
|Brought forward||||
|01/04/2020|8,913||---|
|8,913||||
|**Carried forward**|**60,630**||**---**|
|**60,630**||||
|**BRENT WOMEN ADVISORY RESOURCE CENTRE**||||
|Registered Charity|No. 1099581|||
|**BALANCE SHEET**||||
|**AS AT 31 MARCH 2021.**||||
||**Notes**|**2021**||
|Fixed Assets|2||----|
|Current Assets||||
|Cash at Bank and in Hand|||60,630|
|Debtors|3||-|
|||60,630||
|**Less: Creditors: Amount due**|**within One Year**|||
|Bank Overdraft|||-|
|**Less :Creditors: Amount due**|**After more than One**|**Year**||
|Other Creditors – Bounce Back Loan 4|||(50,000)|
|Total Net Assets/Liabilities|||**10,630**|
6
## **Reserves**
General Funds 10,630
Restricted Funds: -
**10,630**
The Trustees have:
a). taken advantage of the Companies Act 2006 in not having these accounts audited under section 249a(1) total exemption.
b). confirmed that no notice has been deposited under section 249b of the Companies Act 2006.
c). acknowledged their responsibilities for ensuring the charity keeps accounting records which comply with section 221 of the Companies Act 2006.
d). acknowledged their responsibility for preparing accounts that represent a true and fair view of the
state of affairs of the charity and its results for the year ended in accordance with the requirement
of section 226 of the Companies Act 2006 and which otherwise comply with the requirements of
this relating to accounts so far as applicable to the charity.
These accounts have been prepared in accordance with the provisions of Part VII of the Companies Act relating to small companies (section 246(8) of the Act).
STELLA NJAKA
----------------------------------
Trustee
## **BRENT WOMEN ADVISORY RESOURCE CENTRE**
Registered Charity No. 1099581
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. Accounting Policies**
## **Basis of Preparation:**
These accounts have been prepared on an accrual basis and include income and expenditure as they are earned or incurred, rather than as cash received or paid. The recommendations of the SORP (Accounting by Charities) have been followed in the preparation of these accounts.
## **Foreign Currency Translation.**
Income received from overseas is translated at the sterling amount at the bank rate at the end of the year. Costs incurred overseas are stated at the
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year end bank rate. Foreign funds held are valued in sterling at the bank rate at the end of the year.
## **Fund Accounting.**
The general funds consist of funds that the Trustees may use for Brent Women Advisory Centre’s charitable purposes at their discretion.
The restricted funds are those where the donor has imposed restrictions on the use of the funds, which are legally binding. Restricted funds held in reserve at the end of the year represent income received from donors to be spent within the following year. Details of these funds are set out on the separate schedule in Note 8.
## **Voluntary Income**
All voluntary income and donations are recognised and included in the accounts as they are received.
## **Fixed Assets and Depreciation.**
The retained assets are written off by depreciation on a straight line basis as follows:
Computers & Office Equipment, Fixtures & Fittings - over
5 years
## **Direct Charitable Expenditure.**
Direct charitable expenditure comprises all costs incurred in running the Charity that are directly attributable to the Charity’s projects.
## **Administrative Expenses.**
Administrative expenditure comprises all costs incurred in running the Charity, which cannot be directly allocated to the Charity’s projects or fund-raising.
## **Fund-raising Expenditure.**
Fund –raising expenditure comprises costs incurred in inducing people or organisations to contribute financially to the Charity’s work and includes a share of office overheads.
## **BRENT WOMEN ADVISORY RESOURCE CENTRE**
Registered Charity No. 1099581
**NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021.**
**2. Tangible Fixed Assets**
## **Computers**
**Furniture Fixtures**
8
|**And Ofice**
**and**
**Equipment**
**Fittings**
**Costs**
**£**
**£**
Balance at 1st April 2020 --- -
----
Additions - -
-
Balance at 31stMarch 2021**--- -**
**----**
**Accumulation Depreciation**
Balance at 1stApril 2020 -- -
---
Charge for the Year -- -
--
Balance at 31stMarch 2021**--- ---**
**---**
**Net Book Value**
At 31stMarch 2021
**0**
**3. Debtors**
**Amounts Due within One Year**
**2021.**
**Outstanding Grant Income**
**(Awards For All)**
NIL
**4. Creditors**
Amounts Due After more than One Year
**£**
Bounce Back Loan
50,000|**Total**
**2021**
**£**
**-**
**£**
NIL
**2021.**
|
|---|---|
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## **BRENT WOMEN ADVISORY RESOURCE CENTRE**
Registered Charity No. 1099581
## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021**
**2021**
## **5. Grants & Income**
**£**
Income from Clients 30,303 Grants Received - Main Grant 9,880
Other Grants 5,250 Bounce Back Loan 50,000
50,000 **95,433**
## **6. Direct Expenditure 2021**
||**£**|
|---|---|
|Direct Project Cost|15,130|
|**Other Indirect Expenditure**||
|Indemnity Insurance (Hiscox)|214|
|OISC Fees|1,290|
|Home Ofice Fees|130|
|Admin Cost/Support|12,930|
|Rent & Rates|4,100|
|Professional Costs|5,250|
|Telephone & Stationeries|1,750|
|Computer & Internet Services|150|
|Volunteer Expenses|1,922|
|Accountancy Fees|850|
||**43,716**|
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